Mr. Speaker, I thank my colleague for his question.
I would first like to clarify something. The NDP believes that the energy sector includes more than just the oil industry. There are others. This industry is indeed important, but there are other things we could invest in, such as renewable energies. There is almost nothing in the budget for this.
All of a sudden, the government seems to have $12 billion to $15 billion to buy a 65-year-old pipeline that is leaking everywhere. We do not understand why. Furthermore, it seems prepared to take on all of the risks associated with this project, which the private sector deemed too risky. The government bought just the pipeline for $4.5 billion, but Kinder Morgan said that it would cost $7.4 billion to complete the expansion. We are already at more than $12 billion.
The government could have done some amazing things, like invest in renewable energies and create exciting, green jobs for the future. Unfortunately, the Liberals are still living in the past.